STELLANTIS NEWS
Coverage of the new company formed from the merger of Fiat Chrysler Automobiles and France's PSA Group.
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Automakers could charge higher prices and sell fewer cars, or accept lower profit margins, Tavares says.
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The future of Stellantis’ Brampton Assembly Plant will remain in limbo until U.S. lawmakers firm up or drop a Biden administration-backed bill aimed at boosting EV adoption south of the border, Unifor said.
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The automaker wants to transition a network estimated to exceed 15,000 franchise points to a so-called "retailer model." The move gives Stellantis more control over how its vehicles are sold.
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